Commercial property for sale in Lambton

R 7,500,000

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1 year ago332 views
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Description
INVESTMENT OPPORTUNITY!

Double storey building measuring 2,065sqm set on a 2,017sqm stand. (double storey). This property available in the bustling commercial and residential node of Lambton. Boasting excellent exposure, visible from Webber Road. Ample parking and signage opportunities.

This property is double storey currently housing a dance studio on the 1st floor with a rental income of R35,000 and owner occupied on the basement level.

Property Reference #: GJ2065L

Agent Details:
Garreth Jackson
API Property Group
API House, First floor, 85 Wessel Road, Rivonia

Id Subtitle 1143875313
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Estimated monthly repaymentR 81,279
Total property loan amountR 7,500,000
Total interestR 12,006,728
Total repaymentR 19,506,728
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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API Property Group
Selling for 6+ years
Total Ads2.75K
Active Ads2.75K
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